The volume of transactions in the network of litecoin in 2019 amounted to more than $100 billion

According to the service BitinfoCharts, in 2019 in the network of litecoin (LTC) total transaction volume exceeded $100 billion. However, compared with figures for 2018, this amount is still much lower.

In the first half of 2019, the daily amount of transactions was $200-300 million Transactional activity is rapidly increased as it approaches the so-called August halving (reducing rewards for miners).

In quantitative terms, a day netizens LTC performed approximately 21,000 operations. In the second half of last year, Hasrat litecoin began to rapidly weaken. Already in early November it fell by 60%.

Parallel to the observed decline in the value Aldona. In mid-December the exchange rate of litecoin dropped to $37, these days, the cryptocurrency market capitalization was about $2,541 billion.

Growth resumed in January 2020 with bitcoin. The price of litecoin on 22 January held at $57,98 with a market capitalization of just over $3,705 billion.

Author: Vitalik

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